DBND vs IVV
DoubleLine Opportunistic Core Bond ETF vs iShares Core S&P 500 ETF
Which is better, DBND or IVV?
Diversified Sectoral Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DBND | IVV |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $741M | $876.4B |
| Dividend Yield | 4.86% | 1.06% |
| Holdings | 1,270 | 508 |
| YTD Return | -1.54% | +12.51%Best |
| 1Y Return | -0.82% | +17.57%Best |
| 3Y Return (annualized) | +4.54% | +21.27%Best |
| 5Y Return (annualized) | - | +12.95% |
| Volatility (annualized) | 6.0%Best | 15.2% |
| Max Drawdown | -9.4%Best | -20.3% |
| $10,000 over 4.4 years | $10,887 | $17,922Best |
| Fund Family | DoubleLine Funds | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Blend |
| Inception | Mar 31, 2022 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Apr 5, 2022 to Sep 11, 2026 (4.4 years).
DBND vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.4 years both funds cover.
DBND vs IVV Performance
DoubleLine Opportunistic Core Bond ETF (DBND) is an ETF from DoubleLine Funds and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DBND returned -0.82% while IVV returned +17.57%. Year to date, DBND is down 1.54% versus a gain of 12.51% for IVV.
Over three years, DBND compounded at +4.54% per year against +21.27% for IVV. Across the full 4-year window we track, IVV has the edge at +14.18% annualized vs +1.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 6.0% for DBND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.4% for DBND and -20.3% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DBND charges 0.45% per year while IVV charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, DBND currently yields 4.86% against 1.06% for IVV.
Holdings Overlap
At least 0.6% of IVV's money is in holdings DBND also owns.
Stated as a floor: for DBND, our book for it covers 47.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
5 positions in common, counted across the 466 positions we hold weights for in DBND and 505 in IVV, against full books of 1,270 and 508.
Top Shared Holdings
| Stock | Weight in DBND | Weight in IVV | Difference |
|---|---|---|---|
| CCitigroup Inc 6.875 11/73 6.88 2173-11-15 | 0.03% | 0.35% | 0.32% |
| BKBank Of New York Mellon Corp Preferred Shs Depositoty Receipt Repr 1/100Th Pfd Shs Series M, 5.62%, 06/20/99 | 0.04% | 0.16% | 0.12% |
| NRGNrg Energy Inc. | 0.02% | 0.04% | 0.02% |
| NLOKGen Digital Inc | 0.01% | 0.02% | 0.01% |
| DVADavita Inc. | 0.01% | 0.01% | 0.00% |
You are not choosing between two funds in isolation.
Whichever of DBND and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DBND or IVV?
DBND has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, DBND or IVV?
Over the past year DBND returned -0.82% vs +17.57% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), DBND annualized +1.95% vs +14.18% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBND or IVV?
IVV has been the more volatile fund at 15.2% annualized versus 6.0% for DBND. Worst drawdown: DBND -9.4% vs IVV -20.3%.
Should I hold both DBND and IVV?
DBND and IVV have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DBND or IVV?
DBND yields 4.86% while IVV yields 1.06%, so DBND currently pays the higher dividend yield.
Is IVV better than DBND?
IVV has a lower expense ratio. IVV led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.